What Is a Prorated Salary?

Answer "Salary basis" means the employee receives a specific amount of pay each payday, which makes up all or part of her pay. Ordinarily, this amount cannot be reduced or deducted -- the employee must re... Read More »

Top Q&A For: What Is a Prorated Salary

What Does Prorated Mean?

When you prorate an amount, you distribute the payment proportionally over a set period. Rent, utilities and other kinds of payments can be prorated. The term prorated is associated with the exchan... Read More »

How do you create a prorated warranty?

Answer Hi, Manufacturers who would like to extend their warranty, more from a product `attractiveness` angle will offer a prorated warranty. It's another way of saying that they'll cover the warr... Read More »

How do i calculate an hourly salary from a yearly salary?

Calculate by HandDivide the amount of the yearly salary by the total number of hours worked in a year. Based on a 40-hour work week, the total number of hours worked in a year is equal to 2,080 (40... Read More »

Bimonthly Salary Versus Biweekly Salary?

There are many methods how employers choose to pay their employees. Workers can be paid an hourly wage or be paid a salary. The time scale for a salary can be monthly or annually. No matter if they... Read More »